Michael Derby - Apr 26, 2023 Form 4 Insider Report for PaxMedica, Inc. (PXMD)

Role
Executive Chairman, Director, 10%+ Owner
Signature
/s/ Stephen D. Sheldon, Jr. Attorney-in-Fact
Stock symbol
PXMD
Transactions as of
Apr 26, 2023
Transactions value $
-$10,098
Form type
4
Date filed
4/28/2023, 04:12 PM
Previous filing
Apr 14, 2023
Next filing
Jul 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PXMD Common Stock Tax liability -$10.1K -6.27K -1.32% $1.61* 468K Apr 26, 2023 Direct F1
holding PXMD Common Stock 7.34M Apr 26, 2023 TardiMed Sciences, LLC F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld by issuer to satisfy tax withholding obligations of reporting person resulting from vesting of restricted stock units.
F2 The reporting person is the Managing Partner of TardiMed and has sole voting and dispositive control over the shares of Common Stock held by the entity. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.